Today, the short position placed at ETH 2980 has finally paid off. Ethereum has retreated from its high, and this wave of market movement was well grasped. Recently, Ethereum has been performing relatively better among mainstream coins, but from a technical perspective, it faces obvious resistance at high levels. In the short term, if it can hold above the key support, there may still be a rebound opportunity. However, it must also be acknowledged that the market volatility is indeed significant now, and one should maintain respect for their trading strategies. Recently, many people have been discussing Ethereum's future direction, with various opinions. It feels like this round of market movement is both a challenge and an opportunity for traders.